OREANDA-NEWS. The volume of gold and foreign exchange reserves of the Republic of Belarus on the IMF’s SDDS definition decreased by USD90.8 million as at the end of March 2015 and amounted, according to the preliminary data, to USD4,560.5million in the equivalent as of April 1, 2015.

The volume of gold and foreign exchange reserves on the national definition decreased by USD262. 8 million, totaling USD4, 993.3 million in the equivalent as of April 1, 2015.

The decrease in the level of gold and foreign exchange reserves in March 2015 was conditioned by the repayment by the Government and the National Bank of the Republic of Belarus of their external and internal foreign exchange obligations in full.

Revenues from export duties on oil products, as well as the surplus of the National Bank’s trade in foreign exchange at the JSC "Belarusian Currency and Stock Exchange" were conducive to maintaining the level of gold and foreign exchange reserves.